TOKYO, Jun 12 (Pulse News Wire) – circlace Inc (5029.T) announced that the share transfer agreement between its major shareholder TQUILA LIMITED and President Shigeru Sato was completed on June 11, 2026. Prior to the transaction, TQUILA LIMITED held 1,534,200 shares, representing 35.04% of the total outstanding shares.
Following the transfer, TQUILA LIMITED now holds 1,380,200 shares, accounting for 31.52%. Meanwhile, President Shigeru Sato's holdings increased from 125,000 shares, or ２.86%, to 279,000 shares, which constitutes ６.37% of the total outstanding shares based on the ratio as of March 31, 2026. The share transfer took place outside the market, with the contract signed on November 17, 2025.
The transfer was finalized on June 11, 2026. According to the company, this transaction will have a minor impact on its management structure and performance. No changes occurred in the classification of major shareholders or related companies due to this transaction.
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